Question

What is a fiscal year?

Question 15 options:

12-month financial planning period that always coincides with the calendar year


12-month calendar reserved for the government


12-month financial planning period that cannot coincide with the calendar year


12-month financial planning period that may or may not coincide with the calendar year

Answer 1

A ,12-month financial planning

Answer 2

A fiscal year is a 12-month financial planning period that may or may not coincide with the calendar year.